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---
title: "Article 14 — Membership of an authorised investor compensation scheme"
type: regulation
legal_status: in_force
source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606"
source_retrieved: 2026-09-28
shortTitle: "Article 14 — Membership of an authorised investor compensation scheme"
instrument_type: level1_directive
authority: Commission
binding: true
binding_character: binding
mica_level2: false
legal_basis: "Directive 2014/65/EU"
instrument: mifid2
celex: "32014L0065"
regulation: MiFID II
regulation-full: "Directive 2014/65/EU"
article: 14
status: in_force
object_id: eu.mifid2.legal_text.article.14
text_version: "Consolidated version of 6 June 2026"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606"
check_status: matched
verified: true
last_checked: 2026-10-26
---

*In force · Consolidated version of 6 June 2026 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606)*

The competent authority shall verify that any entity seeking authorisation as an [investment firm](https://www.headlesslaw.com/definitions/mifid-ii/investment-firm) meets its obligations under Directive 97/9/EC at the time of authorisation.

The obligation laid down in the first paragraph shall be met in relation to structured deposits where the [structured deposit](https://www.headlesslaw.com/definitions/mifid-ii/structured-deposit) is issued by a credit institution which is a member of a deposit guarantee scheme recognised under Directive 2014/49/EU.

***

[Title II — Authorisation and operating conditions for investment firms](../titles/ii.md) · [← Article 13e](13e.md) · [Article 15 →](15.md)